Oracle Inventory and Cost Management in the Cloud: Empowering ...

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Oracle Inventory and Cost Management in the Cloud Empowering the Modern Supply Chain Copyright © 2014 Oracle Corporation. All Rights Reserved. INVENTORY MANAGEMENT CLOUD

Transcript of Oracle Inventory and Cost Management in the Cloud: Empowering ...

Page 1: Oracle Inventory and Cost Management in the Cloud: Empowering ...

Oracle Inventory and Cost Management in the CloudEmpowering the Modern Supply Chain

Copyright © 2014 Oracle Corporation. All Rights Reserved.

INVENTORY MANAGEMENT

CLOUD

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Inventory is a major asset for many organizations, and effectively managing inventory, including the related inventory movement transactions, can impact your bottom line. Oracle Inventory Management Cloud Service offers a complete materials management solution that enables companies to successfully manage the flow of goods: inbound, within the warehouse, and outbound. Oracle Cost Management Cloud Service allows cost professionals to capture, track, and analyze costs associated with inventory items as they move through the supply chain.

IntroductionProactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Proactively Monitor Warehouse OperationsIn traditional ERP systems, managers and operators are required to know what needs to be done or monitored. They also need to be trained in different areas of the system to perform their work or analysis properly. Oracle Inventory Management Cloud Service, on the other hand, brings operational status and pending work to the forefront, guiding managers and operators through the system based on their roles and responsibilities.

Managers are provided with native embedded analytics that allow them to track and resolve pending and potential problems. They can quickly see problem areas, drill down into the details, and resolve issues. They can additionally compare metrics from the current-period with the prior-period to better gauge potential operational bottlenecks.

Operators utilize intuitive work areas that serve as a single point of access for all related activities. They provide graphical or tabular snapshots of work completed and work in process so that they can effectively accomplish their tasks. They can then drill down into specific areas to perform the appropriate work.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Comprehensive Materials Management Oracle Inventory Management Cloud Service helps organizations ensure that material is effectively managed from receipt through the point of consumption.

The flow of inbound materials is streamlined through centralized, proactive monitoring mechanisms that efficiently manage both expected receipts, in-transit and received lines by supplier and by type of document. Receiving agents are guided through prescribed receiving, inspection, and put-away tasks, ensuring receipts are processed quickly and easily, and exceptions are promptly identified and resolved.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

Access to inventory, replenishment, and counting tasks are arranged in a central inventory work area to simplify management of materials within and across facilities. From the centralized view of balances, you can easily see and manage different material statuses, lots, and serial numbers, enabling proper stocking and handling of different types of materials. Additionally, you can initiate issue, receipt, count, and transfers of material within and across facilities.

Throughout the various material management flows, Oracle Inventory Management Cloud Service provides user-friendly transactional and analytical reporting for business users to create, modify, and publish reports and alerts tailored to the business needs and the audience.

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Seamlessly Manage Supplier Consigned Consigning inventory from suppliers allows you to only pay for the inventory you use. This is great for controlling your inventory costs, but adds additional complexity and overhead to the procure-to-pay process because taking ownership of inventory needs to be decoupled from the physical receipt of inventory, and the actual ownership change and associated payments triggered by a later, separate process.

The consigned inventory-from-supplier solution addresses these requirements with functionality built into the procure-to-pay process. Oracle Inventory Management Cloud Service provides full visibility to materials consigned internally from your suppliers and externally to your suppliers. As you consume goods, a new document called a consumption advice is delivered to your supplier via multiple communication channels. You can consign goods from multiple suppliers, transfer goods between “owned” and “consigned” or vice-versa as well as return consigned goods back to the supplier.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Re-Architected Approach to Managing Complex Internal TransactionsAutomate the financial flow execution for internal trade between parties independently from the physical movement of goods and fulfillment of services with Oracle Supply Chain Financial Orchestration. This configurable application manages all the financial relationships resulting from trade between internal parties. The framework provides modeling of flexible financial flows that define the parties involved, the nature of trade relationships and business rules for documentation and accounting. There is a dedicated work area for the supply chain controller to monitor execution and manage exceptions.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Flexibility for Statutory and Management Cost ReportingCompeting in today’s complex business environments requires real-time visibility to product costs and inventory investment tailored to the needs of the global organization for use in regulatory reporting, product portfolio pricing, and sales-deal quoting decisions.

Oracle Inventory Cost Management is an advanced cost accounting solution that helps companies effectively measure and report on their product valuation and inventory transaction flows. The solution allows companies to maintain multiple cost books and financial ledgers to flexibly meet both external regulatory and internal management reporting needs.

It increases product cost accuracy by providing a flexible cost infrastructure that allows cost accountants to define the level of cost calculations. It also greatly reduces manual cost maintenance tasks by providing automated user-defined rules-based features and efficient fault-tolerant cost processors tuned for high-volume transaction environments.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Graphical Views of Product CostsOracle Inventory Cost Management’s graphical user interfaces provide time-based graphical views of product costs using line, bar, and pie charts to show product costs over time and in comparison to other products or other organizations. Cost professionals and operations personnel can visually identify cost trend problems in their products, making it easier to find root causes and implement timely corrective actions.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Simplify With CloudOracle Inventory Management and Cost Management Cloud Services are part of an integrated suite that is designed to automate, streamline, and control inventory and cost processes end-to-end. In addition to software, Oracle provides you with the hardware and other infrastructure needed to begin configuring and using the applications right away. Oracle also performs the application and infrastructure upgrades so that you stay current with the latest versions of the software, with no additional upgrade costs.

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Get StartedOracle Inventory Management and Cost Management Cloud Services are designed for rapid deployment and minimal investment, allowing you to save money and run your business more efficiently. Are you ready to take the next step?

For more information call 1-800-633-0738 or visit

• Oracle Global Inventory & Cost Management

• Oracle Cloud Documentation

• Oracle Application Customer Connect

Proactively Monitor Warehouse Operations

See and Control Materials Management

Manage Complex Internal Transactions

Flexibly Report Costs

View Product Costs Graphically

Get Started

Introduction

Simplify With Cloud

Seamlessly Manage Supplier Consigned

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Copyright © 2014 Oracle and/or its affiliates. Oracle is a registered trademark of Oracle and/or its affiliates. All rights reserved. Other names may be registered trademarks of their respective owners. Oracle disclaims any warranties or representations as to the accuracy or completeness of this recording, demonstration, and/or written materials (the “Materials”). The Materials are provided “as is” without any warranty of any kind, either express or implied, including without limitation warranties or merchantability, fitness for a particular purpose, and non-infringement.

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